KAISER Precision Tooling Strengthens Alliance with BIG Daishowa

Kaiser Precision Tooling Ltd. has determined to strengthen its partnership with its long-term partner, BIG Daishowa Seiki Co.

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Kaiser Precision Tooling Ltd. has determined to strengthen its partnership with its long-term partner, BIG Daishowa Seiki Co. Ltd. of Japan, and agreed to become a company of the BIG Daishowa group as of April 15.

The two companies have had a close technology and distribution partnership since 1980. BIG Daishowa produces KAISER boring tools under a license agreement and sells under the brand BIG Kaiser in the Asian market. In June of 2003, BIG Daishowa expanded its strategic alliance to Kaiser’s North American operations near Chicago, and that company was renamed BIG Kaiser Precision Tooling Inc.

“During the past 10 years, our partnership has steadily increased through the creation of two joint ventures in the U.S. and Germany and an exclusive distribution arrangement for BIG products in Europe,” says Kaiser CEO Peter Elmer. “Today, the distribution channels are practically grown together and the combined products are an excellent portfolio.”

“Our family has been working for some time on a succession plan to ensure the continued growth and success of this company,” says Chris Kaiser. “With 35 years of successful collaboration with BIG Daishowa, we are confident Kaiser is in the right hands for the future.”